BIG PICTURE

Capital / Liquidity

Japan FSA Trials Machine Learning to Predict Credit Downgrades

By Manesh Samtani | 02/07/2025

The FSA is using loan-level and macro data to build an early-warning model for borrower downgrades, citing potential for supervisory use.

Capital / Liquidity

BIS Warns on Global Risks from Trade Tensions and Non-Bank Growth

By Manesh Samtani | 02/07/2025

BIS says fraying trade ties and a more interconnected, non-bank-led financial system are creating new vulnerabilities.

Crypto / Digital Assets

Stablecoins Fall Short of Sound Money Principles: BIS

By Nithya Subramanian | 27/06/2025

However, a “tokenised unified ledger” can enhance efficiency and unlock new possibilities in cross-border payments, securities markets and beyond.

Big Picture

China IRD Market Expanding, Hong Kong Remains Key Trading Hub

By Manesh Samtani | 26/06/2025

New ISDA report says China’s interest rate derivatives market is expanding, spurred by the Futures and Derivatives Law and Swap Connect.

Big Picture

Financial Sector Faces a Crossroads of Trust, Regulation, and AI – Report

By Manesh Samtani | 24/06/2025

New Starling Trust report warns that a “trust crisis,” coupled with evolving regulations and the rise of AI, is creating unprecedented challenges for the financial sector.

Big Picture

Report Urges Swift Action to Cement Hong Kong’s Status as Web3 Hub

By Manesh Samtani | 23/06/2025

New report by Web3 Harbour and PwC outlines several key enablers for Hong Kong to become a global financial centre for Web3 and digital assets.

Big Picture

FSB Flags Vulnerabilities in Non-Bank Commercial Real Estate Investors

By Manesh Samtani | 20/06/2025

FSB identifies liquidity mismatches, leverage, and valuation opacity as key vulnerabilities in non-bank commercial real estate investors.

Big Picture

Reforms Urged to Boost Hong Kong as Alternative Investments Hub

By Manesh Samtani | 19/06/2025

FSDC report urges Hong Kong to adopt regulatory reforms to boost alternative investment funds and the startup ecosystem.

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

By Editors | 18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.